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Old 11-09-2005, 01:47 PM
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Default lawsuit against psa for 10.5 million awarded to........

Posted By: warshawlaw

Ever try to get an insurer to pay off, even if there is coverage?

The easiest way to make the money flow is to start grabbing it wherever it can be found, and tapping the till at PSA and freezing their bank accounts is the cheapest and easiest way to go about it. It also has the added benefit of disrupting their business and spurring them to do what it takes to pay off. The lawyers are in Santa Ana; expect them to do what is easiest and quickest to get to the money.

The stock dropped nearly 9% today.

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